Business Overview Financial Summary Fudao Group is a financing, leasing and consulting service provider based in Shenzhen, Guangdong Province, China. It mainly provides customers of airlines, health service providers and energy saving equipment suppliers. The group has a short operating history and was established in 2012. Services include: (1) Financing rental services: providing loan rental solutions, including direct loan leasing and post-sale leaseback. Post-sale leaseback is a type of financing and leasing service, where the customer acts as the lessee and sells the existing assets to the group, and the group acts as the lessor and then leases the relevant assets back to the customer for use; (2) Advisory services: mainly including loan leasing advisory and other financial advisory services. Generally speaking, advisory service fees are charged on a percentage basis, and the fee rate ranges from 2% to 10% of the expected transaction or loan size. The Group focuses on customers in five industries, including airlines, health service providers, utility providers, energy saving equipment suppliers and taxi operators. Competitive advantage groups can provide customers with customized and integrated financing services. If the number of items decreases, the group has implemented an effective risk management system Risk factors The Chinese financing and rental market is fiercely competitive, and competitive pressure may cause the group's market share to decline. Group revenue is generally project-based and abnormal in nature. If the number of items decreases, it will affect the operating and financial performance of the group. About 70% of the use is used to expand the financing of rental operations, about 20% About 10% of guarantee agency services relating to the development of financing and rent is used as general working capital